Glossary

A subscription is when customer regularly pays a price for access to a product. Note that the customer does not actually purchase the product, but instead subscribes to a plan and is allowed to use the product for the duration of the subscription period. Subsc... Read More

Subscription Management are all operations needed to handle the lifecycle of a customer's subscription.In subscription-based pricing models, customers pay a regular fee in exchange for g... Read More

A payment method is a way in which a customer can transfer money to a company to pay for products or services. This payment can happen in many forms, such as cash, a wire transfer, a credit card payment, a SEPA Debit, PayPal, just to name a few. The choice of payment m... Read More

A Payment Gateway is a Payment Service Provider that provides merchants access to a payment network. This money is collected by the provider in the merchant's account and can be payed out at will to a regular bank account.For example, companies like Stripe or Adyen provide acc... Read More